Tech IndustryOct 6, 2023
Metagami

Meta Refresher Policy

Meta is one of the few Big Techs that has generous and guaranteed refreshers irrespective of how high your initial grant was or how much your previous stocks have grown (Sorry Amazon and Microsoft). These refreshers stack up and makes your TC continue to go higher in the first 4 years. Each refresher is for 4 years vesting 1/16th every Quarter and vesting starts immediately (Sorry again Amazon guys). So a person on 4th year has the highest comp with Initial grant + 3 years of Refreshers stacked up. I know couple of IC7s who have made 2 Million+ in 4th year. Note - None of this is secret, they are available in various websites. Numbers and Percentages are rounded. Meta Refresher is a simple formula of - Target_for_Level * Rating * Role * Country Level -------- IC3 50K IC4 100K IC5 200K IC6 300K IC7 500K IC8 850K Rating ------ 250% - Redefine 175% - Greatly Exceeds 125% - Exceeds 100% - Meets 65% - MM (used to be 80%) 0% - NM Top 3 ratings are given to 50% of people, and bottom 3 are given to bottom 50%. 100% - Special ratings (Too new to Rate, Leaves) Role Multiplier ----------- 100% - SWE, MLE, Research Scientist, Security, SRE 75% - Hardware, PM, Enterprise Engineer 50% - Data Science, Data Engineer, TPM, Design, Support, Network Engineer 25% - UX Research, Content, Analyst Note - Meta does not treat MLE to be any different than SWE Country Multiplier -------------- Meta does not have Cost of living changes. You will get the same Stocks in Bay Area vs Jackson, Mississippi. 100% - US 90% - Rest of NA, EU (North, West, Center) 80% - Rest of the world including EU (South, East) Example -------- An IC6 SWE with Exceeds Rating in US will get a 375K refresher (300*1.25*1*1) and will continue to get this every year.

Meta YSSF61 Oct 6, 2023

OK…

Roblox sqlkween33 Oct 6, 2023

Roblox has better refreshers 🤷🏼‍♂️

#ReadyForWork
UXCh68 Oct 6, 2023

Waiting on an offer soon. What are refreshers? Same for tech vs non tech?

Meta gami OP Oct 7, 2023

But you have one of the worst recruiting in industry. The level of unprofessional behavior and ghosting both by HM and recruiter feels like its a shit show.

Lyft hahgfdv Oct 6, 2023

Noob q: Isn't SRE same as support engineer? They are paid less elsewhere. How come Meta is paying them so much? Or am I interpreting the role differently?

Meta gami OP Oct 6, 2023

Its different. They write non-feature code at Meta and focus on reliability.

Google TCor GTFO Oct 6, 2023

One of the most thorough explanation that goes into the calc

Apple kd64gf Oct 6, 2023

Meta has to do this because their products are mid, their brand sucks and no one would want to work there if TC was average.

Meta gami OP Oct 6, 2023

Why do Apple have to do it, your refreshers are also pretty good?

Apple kd64gf Oct 6, 2023

Our refreshers are nowhere near this good.

Atlassian 9Jfjksn Oct 6, 2023

Wait I thought E5 refresher was 175k and E6 was 250k woah that’s insane

Meta b00tsnboob Oct 10, 2023

I don’t know where e5 200 comes from. It’s like 135.

Microsoft PorcoRusso Oct 6, 2023

Absolutely nuts.

Amazon newbl3 Oct 7, 2023

Thanks for posting

Adobe yMml36 Oct 7, 2023

Adobe ML engineer/scientist have similar refreshers. Basically sde3-> E4, sde4 -> E5 and sde5 -> E6. Just won’t see greatly exceeds and redefines that often. Meets is similar range and most fall within that range. Non ML folks earn 3x lesser refreshers at Adobe. Strange but true.

Microsoft BigDaddy19 Oct 8, 2023

Stay how long for refreshers? Say if I join on Dec, and I just worked a month, am I eligible for refreshers?

Meta gami OP Oct 8, 2023

Yes, on prorated basis